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IPFS News Link • Economy - International

One Week After "Massive" Outflow, Greek Depositors Yank Another €600...

• https://www.lewrockwell.com,By Tyler Durden

One week ago we reported that, according to Greek sources, Greece had suffered a "massive" deposit outflow to the tune of €700 million just last Friday, culminating a week of €3.4 billion in total outflows following the acrimonious failure by the Greek government to reach a deal with the Troika.

This was confirmed by Wednesday's news that Greek banks had received another weekly boost in their ELA allottment, the biggest since February, amounting to €2.3 billion and bringing the total to a record €83 billion.